CPPEX

About CPPEX

American Funds Preservation Portfolio Class 529-E is a fund-of-funds designed to provide current income while prioritizing preservation of capital. It allocates predominantly to high-quality, short- to intermediate-duration U.S. fixed income through underlying American Funds bond strategies, with no equity exposure and a focus on investment-grade sectors such as U.S. Treasuries, mortgage- and asset-backed securities, and corporate bonds. The portfolio’s positioning targets lower interest-rate sensitivity relative to core bond funds, reflected in its short-term bond category profile and emphasis on effective duration management. It distributes income monthly and maintains a modest turnover profile consistent with its conservative mandate. The vehicle sits within the American Funds Portfolio Series and is overseen by the firm’s Portfolio Solutions Committee, which periodically reviews underlying funds and allocations to keep the portfolio aligned with its objectives. Since its 2012 inception, it has aimed to serve investors seeking a steady fixed-income allocation within education savings plans, balancing income generation with capital stability across market cycles.